Office · Woodcliff Lake, New Jersey
155 Tice Boulevard
155 Tice Boulevard is financed with a $18.1M CMBS loan at 4.60% that reaches maturity on June 11, 2029, in 2 years and 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $18,080,942
- Original balance (same notes)
- $22,000,000
- Interest rate
- 4.60% fixed
- Originated
- May 31, 2019
- Maturity
- June 11, 2029
- Payments
- Amortizing over 25 years
- Prepayment lockout ends
- March 10, 2029
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 155 Tice Boulevard, Woodcliff Lake, NJ 07677
- Metro
- New York-Newark-Jersey City, NY-NJ
- Rentable area
- 118,092 sq ft
- Built
- 1980, renovated 2009
- Largest tenants
- EISAI Corporation of North America
- Value at securitization
- $36.8M (Feb 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.86x | 2.07x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $2.8M | $3.1M |
| Debt yield | 17.2% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the Wells Fargo Commercial Mortgage Trust 2019-C51 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Net operating income is 13% above the underwritten figure ($3.1M a year against $2.8M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.86x at securitization to 2.07x on the latest statements.
- The filing gives Jun 2028 as the lease end date for the largest tenant (EISAI Corporation of North America), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $18.1M | Current | No | 2.07x | 100% |
| August 2026 | $18.1M | Current | No | 2.07x | 100% |
| July 2026 | $18.2M | Current | No | 2.16x | 100% |
| June 2026 | $18.2M | Current | No | 2.16x | 100% |
| May 2026 | $18.3M | Current | No | 2.16x | 100% |
| April 2026 | $18.3M | Current | No | 2.16x | 100% |
| March 2026 | $18.4M | Current | No | 2.16x | 100% |
| February 2026 | $18.5M | Current | No | 2.16x | 100% |
| January 2026 | $18.5M | Current | No | 2.19x | 100% |
| December 2025 | $18.6M | Current | No | 2.19x | 100% |
| November 2025 | $18.6M | Current | No | 2.19x | 100% |
| October 2025 | $18.7M | Current | No | 2.08x | 100% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2019-C51 | 12 | $18,080,942 | Sep 2026 | SEC filing, September 29, 2026 |
Other New York-Newark-Jersey City loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 1633 Broadway | New York, NY | Office | $780.0M | 2.99% | Dec 2029 | 2.87x | 76% | Current |
| 650 Madison Avenue | New York, NY | Mixed use | $545.8M | 3.486% | Dec 2029 | 1.25x | 62% | Current |
| Queens Center | Elmhurst, NY | Retail | $510.0M | 5.37% | Nov 2029 | 1.94x | 93% | Current |
| 3 Columbus Circle | New York, NY | Mixed use | $490.0M | 3.914% | Mar 2029 | 2.80x | 90% | Current |
| 30 Hudson Yards | New York, NY | Office | $422.0M | 3.11% | Jul 2029 | n/a | n/a | Current |
| 55 Hudson Yards | New York, NY | Office | $371.7M | 2.95% | Dec 2029 | n/a | n/a | Current |
| Gateway Center North | Brooklyn, NY | Retail | $300.0M | 6.827% | Nov 2029 | n/a | n/a | Current |
| 640 5th Avenue | New York, NY | Mixed use | $288.6M | 6.129% | Jul 2029 | 2.35x | 90% | Current |
All loans maturing in 2029 · All New York-Newark-Jersey City loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.